Jindal Saw Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Neeraj Kumar

Chief executive officer

₹82.3m

Total compensation

CEO salary percentage	98.7%
CEO tenure	10.8yrs
CEO ownership	n/a
Management average tenure	10.8yrs
Board average tenure	10.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neeraj Kumar's remuneration changed compared to Jindal Saw's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹17b
Dec 31 2023	n/a	n/a	₹15b
Sep 30 2023	n/a	n/a	₹12b
Jun 30 2023	n/a	n/a	₹9b
Mar 31 2023	₹82m	₹81m	₹6b
Dec 31 2022	n/a	n/a	₹4b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹67m	₹66m	₹4b
Dec 31 2021	n/a	n/a	₹5b
Sep 30 2021	n/a	n/a	₹5b
Jun 30 2021	n/a	n/a	₹5b
Mar 31 2021	₹67m	₹67m	₹3b
Dec 31 2020	n/a	n/a	₹2b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹4b
Mar 31 2020	₹58m	₹57m	₹6b
Dec 31 2019	n/a	n/a	₹11b
Sep 30 2019	n/a	n/a	₹11b
Jun 30 2019	n/a	n/a	₹9b
Mar 31 2019	₹57m	₹54m	₹9b
Mar 31 2018	₹49m	₹47m	₹2b

Compensation vs Market: Neeraj's total compensation ($USD985.30K) is above average for companies of similar size in the Indian market ($USD419.11K).

Compensation vs Earnings: Neeraj's compensation has increased by more than 20% in the past year.

CEO

Neeraj Kumar (60 yo)

10.8yrs

Tenure

₹82,272,675

Compensation

Mr. Neeraj Kumar has been Group Chief Executive Officer and Whole-Time Director of Jindal Saw Limited since July 1, 2013. He joined Jindal Saw Limited on July 01, 2013. Mr. Kumar served as the Chief Financ...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neeraj Kumar	Group CEO & Whole-Time Director	10.8yrs	₹82.27m	no data
Vinay Gupta	President & Head of Treasury	18.3yrs	₹18.77m	no data
Dharmendra Gupta	President & Unit Head of Bhilwara	no data	₹29.77m	no data
Maneesh Kumar	President & Global Marketing Head - DI Pipe Division	no data	₹17.50m	no data
Dinesh Sinha	President & Strategic Business Unit Head of Nashik	10.8yrs	₹7.59m	no data
Balwant Sachdeva	President and Head of RM Proc	no data	₹13.04m	no data
Jai Gupta	President & Head of NRM Procurement	no data	₹11.99m	no data
Sminu Jindal	MD & Executive Director	23.3yrs	₹26.69m	0.031% ₹ 52.8m
Narendra Mantri	President of Commercial & CFO	8.8yrs	₹18.61m	no data
Sunil Jain	Company Secretary	no data	₹9.98m	no data
Chandan Sinha	Chief Information Officer	no data	₹10.95m	0.00026% ₹ 446.0k
Vijesh Chawla	Senior Vice President of Marketing	no data	₹14.18m	no data

10.8yrs

Average Tenure

60yo

Average Age

Experienced Management: 500378's management team is seasoned and experienced (10.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Neeraj Kumar	Group CEO & Whole-Time Director	10.8yrs	₹82.27m	no data
Sminu Jindal	MD & Executive Director	26.7yrs	₹26.69m	0.031% ₹ 52.8m
Hawa Chaudhary	Whole Time Director	35.6yrs	₹9.58m	no data
Tripti Arya	Joint MD & Whole-Time Director	10yrs	₹75.00k	0.015% ₹ 25.8m
Shradha Jatia	Joint MD & Whole-Time Director	9.8yrs	₹350.00k	0.28% ₹ 476.2m
Prithavi Jindal	Non-Executive Chairman	39.6yrs	₹350.00k	0.0069% ₹ 11.9m
Raj Aggarwal	Independent Non-Executive Director	18.3yrs	₹1.30m	no data
Savitri Jindal	Chairman Emeritus	10.6yrs	₹60.00k	0.033% ₹ 56.1m
Abhiram Tayal	Independent Non-Executive Director	8.8yrs	₹725.00k	no data
Ravinder Leekha	Independent Non-Executive Director	12.8yrs	₹1.07m	no data
Girish Sharma	Independent Non-Executive Director	5.2yrs	₹985.00k	no data
Sanjeev Shankar	Independent Non-Executive Director	5.2yrs	₹935.00k	no data

10.7yrs

Average Tenure

69.5yo

Average Age

Experienced Board: 500378's board of directors are seasoned and experienced ( 10.7 years average tenure).

Jindal Saw Management

Management criteria checks 2/4

Key information

Recent management updates

Jindal Saw Limited, Annual General Meeting, Jun 18, 2024

Chief Information Officer recently sold ₹5.2m worth of stock

Group CEO & Whole-Time Director recently sold ₹30m worth of stock

President & Head of NRM Procurement recently sold ₹5.1m worth of stock

Insider recently sold ₹7.9m worth of stock

Insider recently sold ₹4.4m worth of stock

Recent updates

Consensus EPS estimates increase by 19%

Dividend increased to ₹4.00

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Jindal Saw Limited, Annual General Meeting, Jun 18, 2024

Investor sentiment improves as stock rises 18%

Now 21% overvalued after recent price rise

Jindal Urban Infrastructure Services Limited agreed to acquire Quality Iron And Steel Limited from Jindal Saw Limited (BSE:500378) for INR0.006 million.

Investor sentiment deteriorates as stock falls 16%

Chief Information Officer recently sold ₹5.2m worth of stock

Group CEO & Whole-Time Director recently sold ₹30m worth of stock

President & Head of NRM Procurement recently sold ₹5.1m worth of stock

Insider recently sold ₹7.9m worth of stock

Insider recently sold ₹4.4m worth of stock

Group CEO & Whole-Time Director recently sold ₹28m worth of stock

Consensus EPS estimates increase by 36%

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Jindal Saw Limited to Report Q3, 2024 Results on Jan 16, 2024

Investor sentiment improves as stock rises 20%

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 20%

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released

Jindal Saw Limited to Report Q2, 2024 Results on Oct 26, 2023

Non-Executive Chairman recently bought ₹202k worth of stock

New major risk - Revenue and earnings growth

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Jindal Saw Limited to Report Q1, 2024 Results on Aug 11, 2023

New major risk - Share price stability

Jindal Saw Limited Approves Dividend for the Year 2022

Investor sentiment improves as stock rises 15%

Whole-Time Director recently bought ₹2.0m worth of stock

Upcoming dividend of ₹3.00 per share at 1.3% yield

Now 23% undervalued

Investor sentiment improves as stock rises 16%

Jindal Saw Limited Recommends Dividend for Financial Year Ended 31St March, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently sold ₹540m worth of stock

Investor sentiment improves as stock rises 19%

Non-Executive Director recently bought ₹88m worth of stock

Investor sentiment improves as stock rises 21%

Consensus revenue estimates increase by 23%

Price target increased by 18% to ₹148

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Now 23% undervalued

Consensus forecasts updated

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Jindal Saw Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹2.00 per share

Jindal Saw Limited to Report Q3, 2023 Results on Feb 14, 2023

Consensus forecasts updated

First quarter 2023 earnings released: EPS: ₹0.15 (vs ₹4.78 in 1Q 2022)

Jindal Saw Limited, Annual General Meeting, Sep 27, 2022

Jindal Saw Limited to Report Q1, 2023 Results on Aug 05, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Price target decreased to ₹124

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus forecasts updated

Price target decreased to ₹124

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Second quarter 2022 earnings released: EPS ₹3.78 (vs ₹2.47 in 2Q 2021)

First quarter 2022 earnings released: EPS ₹4.78 (vs ₹0.27 loss in 1Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of ₹2.00 per share

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹10.02 (vs ₹17.35 in FY 2020)